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Invesco China fund manager leaves

Invesco fund manager Samantha Ho has left the firm.

Ho was lead manager of the group’s £175m Hong Kong and China fund, as well as lead manager on the £896m Invesco PRC equity fund.

Ho, who worked at Invesco’s Hong Kong arm, will be replaced on the Hong Kong and China fund by Mike Shiao, who heads up the offshore £450m Invesco greater China equity fund. Joseph Tang, co-manager of the Invesco PRC equity fund, has taken over as lead manager.

He will be supported by Lorraine Kuo, his co-manager on the offshore fund.

A letter sent by Invesco to investors, and seen by Money Marketing, says: “Shiao and Kuo are very well qualified and we are confident they will continue to successfully apply our fundamental research based, mainly bottom-up approach focusing on management/franchise value, earnings growth and valuatuionto the Invesco Perpetual Hong Kong & China fund going forward.”

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